BANDUSDT Parallel ChannelBANDUSDT (4H CHART) Technical Analysis Update
Waiting for the Parallel Channel
BAND/USDT currently trading at $14.22
Buy-level: Above 15.50 (only buy if 4h candle closes above the Parallel channel)
Stop loss: I will update once I see the breakout
Target 1: $17.75
Target 2: $19.75
Target 3: $22.50
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Bandusdtlong
BAND/USDT - Last Opportunity before REVERSALOn the daily chart , we see that BAND is about to break through the ascending triangle and continue the bullish movement.
The weekly chart shows that the Elliott wave pattern is almost completed and this could be the last bullish move from which a bearish trend could begin.
It is also confirmed that the bearish move will start soon on the monthly chart where the double bottom pattern was formed and the new support area is expected to be retested.
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This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
Band has a Buy Opportunity 🔥Band/USDT is one of the good Defi currencies and I think it has good potential and we will see it above $ 10 soon.
We have two important levels of support, one on the floor and one in the 50% Fibonacci zone.
The first level is a good area to buy and I think with the Defi Hype we have now it can move towards its ATH.
Buy Zone : 8.6 - 7.2
TP : 10.8 - 12.7 - 14.60 - 17.1
SL : Daily Close Below 5.2 $
BAND/USDT - potential 68% setupHello, Traders!
After the upward movement, BAND entered the correction phase.
One of the forms of correction is consolidation.
At the moment the asset is consolidating in the range of $7.38-9.46 before the last upward surge.
Entry in the position can be considered in the range of $8.80-9.40
We would advise placing the SL under the level of $8.16 in case of high volatility
The targets are the Fibonacci retracement levels:
$10.04
$11.68
$14.02
The last target of buyers is the level of $15.49
Good luck and watch out for the market!
P.S. This is not a piece of financial advice but only trade I would be following myself
BANDUSDT: Long Update(22.12.2020)An upward impulse formed on D1, which tested the $ 8 level. RSI , like price, forms a triangle-shaped pattern.
On H4, the boundaries of the triangle pattern are clearly visible and the price is likely to break through the upper border, which can lead to a rise in the price to the $ 10 level. Besides, the price has corrected to 50% by Fibonacci level on H4 and now can grow up to 50% by Fibonacci level on D1.
We recommend buying in order to keep the position above $ 10 and set a stop loss at $ 5.8.
BANDUSDT: Possible Long(16.12.2020)An upward impulse formed on D1, which tested the $ 8 level. RSI, like price, forms a triangle-shaped pattern.
On H4, the boundaries of the triangle pattern are clearly visible and the price is likely to break through the upper border, which can lead to a rise in the price to the $ 10 level.
We recommend buying in order to keep the position above $ 10 and set a stop loss at $ 5.8.
BANDUSDT: Possible short and BIG long (03.12.2020)At D1, the price broke the downtrend line and also found resistance at $ 8. Besides, the RSI reached the overbought level, after which a local correction began.
On H4, the price has also broken through the uptrend line and is currently correcting upward. RSI is at the overbought level, indicating that the decline will start soon.
We recommend selling BAND from the $ 7.2 level to buy the asset at the $ 4.6 level, followed by holding a long position from the $ 4.6 level to the $ 12 level.
BANDUSDT - bull run Closing the daylight candle before the level. If a day candle is closed before the level, without a shadow in the direction of the level and with a shifted body in the direction of the level, it is a prerequisite for breaking through the level from the lightening of the candle the next day.
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Extended bullish pattern apparent can it break out?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Strong resistance expected at THIS level & support to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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What could this BIG move mean & next resistance levels to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Next levels of support and possible signs of reversal to watch*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
NEXT levels of support to look for if price keeps falling*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.